Archive · 8 Nov 2025
US Consumer Sentiment Drops to Lowest Since 2022 Amid Shutdown and Trade Concerns
Imagine people in the U.S. were asked how they feel about the country's economy.
In November, many people felt less happy than they have in a long time, since the middle of 2022.
This happened because of a long government shutdown, which made people worry about their jobs and money.
Also, new rules about trading with other countries made things uncertain.
Even though the economy has been okay lately with lots of jobs, things have started to cool down.
Some people who own a lot of stocks felt pretty good because the stock market was doing well.
But for most people, the worries made them feel less confident about how things are going.
US consumer sentiment fell to its lowest point since mid-2022 in November.
The decline was driven by worries over the government shutdown and trade policies.
The University of Michigan's sentiment index dropped 6% from October to 50.3.
Pessimism about personal finances and business conditions was widespread across demographics.
Consumers with large stock holdings showed optimism due to strong stock markets.
- Who
- US consumers
- What
- Consumer sentiment and confidence declined to their lowest level since mid-2022.
- When
- November, with data released on Friday.
- Where
- United States
- Why
- Worries over a government shutdown, President Trump's tariffs, and shifting trade policies.
General Consumers
Consumers with Large Stock Holdings
Economic Outlook
General Consumers
Showed growing pessimism about personal finances and short-term business conditions, with widespread decline across demographics.
Consumers with Large Stock Holdings
Were bullish due to the strength observed in stock markets.
- Index
- University of Michigan Consumer Sentiment Index
- November Reading
- 50.3
- October Reading
- 53.6
- Change
- Down 6%
- Lowest Since
- Mid-2022
- Contributing Factors
- Government shutdown, President Trump's tariffs and trade policies